Wells Fargo Funds Trust

10/08/2025 | Press release | Distributed by Public on 10/08/2025 05:59

Prospectus by Investment Company (Form 497)

SUPPLEMENT TO THE PROSPECTUSES, SUMMARY PROSPECTUSES AND
STATEMENT OF ADDITIONAL INFORMATION

For the
Allspring High Yield Bond Fund
Allspring Short-Term High Income Fund
(each a "Fund", together the "Funds")

Effectively immediately Chris Lee is removed as a portfolio manager for each Fund, all references to Chris Lee in the Funds' prospectus and statement of additional information are hereby removed.

Effective immediately, Brian Keller is added as a portfolio manager to each Fund.

I. Prospectus Effective immediately, In the section entitled "Fund Summary - Fund Management" for Allspring High Yield Bond Fund and Allspring Short-Term High Income Fund, the Fund Management tables are updated to include the following:

Manager

Sub-Adviser

Portfolio Manager, Title/Managed Since

Allspring Funds Management, LLC

Allspring Global Investments, LLC

Brian Keller, CFA, Portfolio Manager / 2025
Michael J. Schueller, CFA, Portfolio Manager/ 2021

In the section entitled "Management of the Funds - The Sub-Adviser and Portfolio Managers", the table is amended with the following:

Brian Keller
High Yield Bond Fund
Short-Term High Income Fund

Mr. Keller joined Allspring Investments or one of its predecessor firms in 2010, where he currently serves as a portfolio manager for the Plus Fixed Income team.

II. Statement of Additional Information

In the section entitled "Manager and Other Service Providers - Portfolio Managers", the following Other Managed Accounts table is added and the Portfolio Manager Fund Holdings table is amended to include the following:

Brian Keller1

Registered Investment Companies

Number of Accounts

0

Total Assets Managed

$0

Number of Accounts Subject to Performance Fee

0

Assets of Accounts Subject to Performance Fee

$0

Other Pooled Investment Vehicles

Number of Accounts

0

Total Assets Managed

$0

Number of Accounts Subject to Performance Fee

0

Assets of Accounts Subject to Performance Fee

$0

Other Accounts

Number of Accounts

0

Total Assets Managed

$0

Number of Accounts Subject to Performance Fee

0

Assets of Accounts Subject to Performance Fee

$0

1. Brian Keller became a portfolio manager of the Fund on October 8, 2025. The information presented in this table is as of August 31, 2024, at which time Brian Keller was not a portfolio manager of the Fund.

Portfolio Manager

Fund

Beneficial Ownership

Allspring Investments1

Brian Keller2

High Yield Bond Fund
Short-Term High Income Fund

$0
$0

1. Amounts included in the table above may include notional investments held by the portfolio manager through a deferred compensation vehicle.
2. Brian Keller became a portfolio manager of the Fund on October 8, 2025. The information presented in this table is as of August 31, 2024, at which time Brian Keller was not a portfolio manager of the Fund.

October 8, 2025

SUP4323 10-25

Wells Fargo Funds Trust published this content on October 08, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on October 08, 2025 at 11:59 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]